NOT LISTED FOR SALE

Estimated Value: $1,315,000 - $1,405,000

2 Beds
2 Baths
1,546 Sq Ft
$1,620/mo HOA Fee

Last Sold April 29, 2024

Last sale price $1,250,000 $809 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,905/month

296 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Bay View
  • Key Biscayne K-8 Center Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of April 2024

Enjoy all the amenities Key Colony has to offer at this remodeled 2 bedroom / 2 bath oceanfront unit at Key Colony's Oceansound, located directly on Key Biscayne's finest beach. Enjoy a beachfront lifestyle with multiple pools, beachfront restaurant, 12 tennis courts, fitness center, onsite convenience and groceries store, playground, recreation rooms and more. This unit was remodeled to include open kitchen with stainless steel appliances, marble floors and custom window treatments. The unit enjoys a beautiful unobstructed view of Biscayne Bay from every room and 2 parking spaces.

Last Agent to Sell the Property

Lucia Marin

One Sotheby's International Realty License #3300654 Listed on: 07/07/2023

One Sotheby's International Realty

Last Buyer's Agent

Diamela Burguera

Central Commercial Real Estate License #3264063

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,808

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • West Facing Home

HOA Fees

  • $1,620 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,546 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Storage Room
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-018-0520

Community Details

Overview

  • Mid-Rise Condominium
  • Key Colony Condos
  • Key Colony Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,808

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$1,620 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Drive S on Crandon Blvd. At the 2nd traffic light upon entering KB, make a left & enter Key Colony through guard gate. Take a right after gate & then the 2nd left. At the top of the ramp, Oceansound will be on your left, closest to the ocean.
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: KEY COLONY
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Elevator, Entrance Foyer, Split Bedroom, Great Room, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 1546
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Great Room, Storage Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Garden View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KEY COLONY
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 4860
  • Amenities: Bike/Jog Path, Bike Storage, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Storage, Heated Pool, Child Play Area, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-018-0520
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Apr 29, 2024
Sold by
Oceansound Corp
Bought by
Somoza Linares Mayra and Burguera Somoza Mayra
Seller's Agent
Lucia Marin
One Sotheby's International Realty
Buyer's Agent
Diamela Burguera
Central Commercial Real Estate
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Views
126
Current Estimated Value
$1,361,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,198
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
May 29, 2009
Sold by
Anzelmo Lee A
Bought by
Oceansound Corp

Purchase Details

Closed on
Apr 5, 1994
Sold by
Roddick Silenzi Roselyn
Bought by
Anzelmo Lee A and Velde Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.26%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Somoza Linares Mayra $1,250,000 None Listed On Document
Oceansound Corp $570,000 Attorney
Anzelmo Lee A $312,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anzelmo Lee $400,000
Previous Owner Anzelmo Lee A $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $1,250,000 -13.8% $809 / Sq Ft
07/07/2023 07/07/23 For Sale $1,450,000 -- $938 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,742 $713,416 -- --
2023 $12,742 $648,560 $0 $0
2022 $10,808 $589,600 $0 $0
2021 $9,023 $536,000 $0 $0
2020 $8,850 $536,015 $0 $0
2019 $9,054 $547,000 $0 $0
2018 $10,437 $651,662 $0 $0
2017 $10,527 $651,662 $0 $0
2016 $10,687 $614,828 $0 $0
2015 $9,938 $558,935 $0 $0
2014 $9,340 $508,123 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11415655

MIAMI REALTORS® MLS

APN: 24-4232-018-0520